Korea’s Booming, Except It’s Not

By |2018-01-25T16:15:26-05:00January 25th, 2018|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Back in October, the Bank of Korea raised its economic outlook for the country. The central bank’s economic models foresaw rising fortunes, leading them toward a central tendency of 3% growth. At that level, Korea’s economy would be growing at the fastest rate in three years (what happened in between?). It was as much a nod to the idea of [...]